Scott & Wilkinson Blog - Page 40
Please select a news item listed below which may be of interest to you. Alternatively, please review our archives at the bottom of the page by year. If any of them are of interest and you require more information, please do not hesitate to contact the office.
National insurance cut boost for small businesses
Date: 12/04/13
Small business owners should seek advice to see if they will be exempt from paying employers' National Insurance Contributions (NIC) when new measures come into force. From April 2014, all businesses in the UK will have their NIC reduced by up to... Read More
Tax holiday extended to encourage business investment
Date: 10/04/13
Through a Government incentive, for a further two years, individuals who invest in new companies operating qualifying small businesses, may be able to benefit from capital gains tax (CGT) relief. The Seed Enterprise Investment Scheme (SEIS) was... Read More
St John's Hospice - Volunteering Day
Date: 26/03/13
On Monday 25 March 2013, despite the wintery conditions, ten of our staff spent the day working at St John's Hospice and were able to assist the ground staff in power washing, clearing le Read More
Relaxation of Real Time (RTI) reporting arrangements
Date: 21/03/13
HM Revenue and Customs recognise that some small employers who pay employees weekly, or more frequently, but only process their payroll monthly may need longer to adapt to reporting PAYE information in real time. HM Revenue and Customs have... Read More
Budget 2013
Date: 21/03/13
The headline announcement in this years Budget was that 450, 000 SMEs will no longer be required to pay employer National Insurance Contributions (NICs), with the first £2, 000 being taken off employers' NI bills from April 2014. In what was... Read More
Comic Relief 2013
Date: 17/03/13
Following on from our successful Children In Need fund raising in November, we again set about raising some money by baking and managed to raise over £250 towards Comic Relief. Once again, thank you to ev Read More
Inheritance tax freeze
Date: 07/03/13
Individuals are advised to seek advice sooner rather than later to ensure their loved ones are not caught out by Inheritance Tax (IHT) at a later date. Despite pledges in 2007 by the Conservative Party that the IHT threshold would be increased to... Read More
New corporation tax relief for businesses
Date: 04/03/13
The new Patent Box tax relief takes effect from 1 April 2013. Patent Box will allow eligible companies which make profits from exploiting patented inventions whether through royalties or as part of the sale price of products - to benefit from a 10%... Read More
Payroll changes fast approaching
Date: 01/03/13
Those employers who have not yet prepared for Real Time Information (RTI) should note that they need to do so before the changes take effect on 6 April. Under RTI, all employers will be required to submit details of salary payments and deductions as... Read More